thejackson said:
My blessed People, please I have a question.
1. What is meant by the following
a- A Town house
b- A House
c- An apartment
d- A Condo
e- A Duplex
I have a family of four, which of them do I need ?
Seglad, Oloye, Egrace, please comment
First of all, let me tell you that all (a to e) are house but their structure and form differentiate them. The structure here comprises of Detached house, Semi detached, town house, condo and apartment
a. Detached Houses: These are houses built in a stand alone form. Just like the way we build our houses in Naija. It can be 3 or 4 bedrooms and 2 or more wash rooms. Mostly 2 storey with the rooms at the second floor; kitchen, living room and main entrance at the ground level floor while the basement is the one below the ground level. Laundry is mainly at the basement if not rented out. Rent could be btw $1400 and $1800/month in addition to rent, you have to pay for utilities like light, water, heating and pack snow. You are performing the role of a landlord in a rented house
b. Semi detached: These are houses in which two are built together with spaces by the sides in which you have right only on the space by your house while the other landlord has the other space. Mostly 2 storey with the rooms at the second floor; kitchen, living room and main entrance at the ground level floor while the basement is the one below the ground level. Laundry is mainly at the basement if not rented out. Rent btw $1200 and $1600/month and you have to pay for utilities like light, water, heating and pack snow. You are performing the role of a landlord in a rented house
c. Town Houses: These are houses built together in a row without space in between except at the extreme ends Their length can span a whole street. Mostly 2 storey with the rooms at the second floor; kitchen, living room and main entrance at the ground level floor while the basement is the one below the ground level. Laundry is mainly at the basement if not rented out. Apart from paying mortgage and for other utilities monthly maintenance fee is also charged by management of that compound. Unlike detached or semi detached that do not warrant monthly maintenance fee.
d. Condos: These are mostly high risers that each unit is mainly owned by individual but most of them are rented out as investment properties. Mostly 1,2 and 3 rooms. Though built in apartment form, but unlike apartments, they are designed to give more comforts as they are equipped with more amenities like washing machine and parking slot. Monthly maintenance fee is included. If you are renting condo, your landlord (The original owner of the unit) would have added it to your rent cost. Rent is btw $1000 an $1400
e. Apartments: They are mostly high risers too like condos but they are built and managed by a company, organisational bodies or developers. Mostly, 1,2 or 3 rooms with stove and fridge inclusive (Normal standard for all houses.) Washing machines are mostly in central room and paid for as per usage. Rent is btw $800 and $1300 based on structure, location, age of properties and other factors. No snow packing and no compound cleaning except within your apartment.
f: Basement: Basements too are rented out cost bt $600 and $1000. With separate entrance bot below the ground level
If you are a family of 4 apartment will be the best option for you.
Hope this helps. Other landed can pls add more.
Oloye
